Easy Office
Easy Office

Medical allowance exemption in income tax return

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 August 2014 My medical allowance is 26500 but in form 16 medical allowance is not given as exempted allowance of 15000 so can i take medical allowance of rs 15000 as exempted in my income tax return if it is not shown as exempted in form 16.
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
06 August 2014 medical allowance is not exempt..

only medical reimbursements are exempted.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
06 August 2014 medical allowance is always is taxable. exempt is only when employer reimbursement the medical exp. in a year upto Rs. 15000/-
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links